Hahaha! Yes it will do a FB trade pattern, I am planning to buy in 3 months then do security lending at 10% and wait for the shorts to beg me for shares...they have a great product, valuation is too high but it will take years before it trade at a fair price
are you really that high on their product / revenue model? It just seems like FB/Instagram is just shadowing them and ready to copy at every turn.
Twitter: got porn right, wide and unfocus on user, hard to understrand who you are, low interest from marketer
Facebook: got porn wrong, wide but somewhat focus on user, they kind of have an idea who you are, quite attractive to marketer
Snap: got porn right, super narrow ans lazer focus, know exactly who you are and your friends. Think of IA and deep learning, Snap will know if you need a new blender...deep learning is ok for language but amazing for pictures...every snap pic is going through the deep learning program...this will be the first skynet!
And istagram and facebook work on an history time frame, Snap is live and they understand the timing of your actions...
Rick - any thoughts on GPRO being an acquisition target? I understand their fundamentals suck, but they become a cheap target for one to fold in their single product line into their portfolio.
i think the guy has disproportionate voting vs. economic, so dunno if he's a seller.
Tuff short, 200m shares, 214m volumes in one day...
Short has got to cost 15%...
So buy the dip do security lending (will happen in 3 months) then wait for the stock to be included into index. All ETF in the world need to buy your shares...
Rank in the top 100 spy...way beyound the float...
TD P/B is 1.80, WFC was below one at their bottom, a long way to go..best case they did nothing wrong, goes back to pricing, you made 5%. Worst case (and this type of news don't come out in Canada without strong validation, specifically for banks) I'll let you guess, add a negative worldwide sentiment for Canadian bank due to real estates and debt level I would consider buying after another 20% drop.
BBD, I don't think I will be alive the day that reign in their debt level and cost of capital...
GPRO continuing it's slide into oblivion.
VRX has to be a takeover target at this point after Ackman's exit.. Didn't they get an offer for $30 a share last year?
don't you think he tried to sell his stake other than through a market offering?
He was scared with disclosure requirements relating to slowly liquidating his position.At one point you have to take your loss, get them out of the fund and stir the discussion with your clients in a new direction. AUM loss has already happen, so re-deploy the capital into your best idea. I got fuck with Concordia health, moved everything into NVDA nobody is talking to me about CXRX anymore...
His position was easily manageable with VRX daily volume (+ dark pools)he probably loss like a penny on vwap...